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Meeting Architect Podcast


May 28, 2019

On this episode, Brenda is joined by Tyra Warner Hilliard, PhD, ESQ, CMP. 

Tyra is unique as a lawyer because she has a strong foundation in the hospitality industry. Brenda and Tyra discuss the important things to consider to make the contracts balanced, fair and logical 

Discussed In this episode:

  • Fundamentals of the performance clauses
  • Clauses for rooms, spaces, and food & beverage
  • Dealing with underperformance
  • Loss profit
  • Loss revenue
  • What is fair?
  • Monitoring and tracking

 

Key Learning: Both parties should be assuming risk. Attrition and cancellation clauses are about compensating the other party when one party has failed to perform or has underperformed.

 

Connect with Tyra at: tyrahilliard.com

 

➡️ The Meeting Architect Podcast is proudly brought to you by The Howes Group